San Francisco – Payvment, the operator of an e-commerce
platform on Facebook, said on Tuesday that it has closed a $6 million, second
round of funding.
Sierra Ventures led the investment round; previous backer
BlueRun Ventures also participated.
San Francisco-based Pavyment counts more
than 40,000 global retailers using its social commerce platform, which lists
over 750,000 searchable products.
The company will use the funding to bolster
its engineering and marketing teams, and plans to open a new office in Palo
Alto, Calif. next year.